So you are saying that economic laws do not apply to the Swiss?
For someone to make $25 an hour, the employer must have a return of $25 plus an hour in benefits from that employee. One of the easiest ways for an employer to earn more profit is to let someone go and work those left harder.
The second way an employer can earn more profit is to charge more for their product or service.
The last thing an employer can do is close the business and take their money and do something else.
So raising minimum wage first increases unemployment, and second increases inflation or third bankrupt the business.
The primary purpose of any (non profit) business is to make a profit. Without it, then there is no point in being in business. Capitalism 101
So just what is the magic the Swiss have that we don’t?
Knowing the Swiss, if this passes, they are going to lead the way in robotics and other forms of automation.
Our economy has got away with a minimum wage for decades. Others can as well, with minimal damage, as long as it is not set too high above the actual market rate.
Switzerland has a higher value-added economy, fewer low-skill workers and less of an illegal immigration problem, though they are tightening up on immigration altogether.